Cutting interest rates early will cause hyperinflation October 3, 2024 The Federal Reserve’s recent decision to cut the federal funds rate by 50 basis points to a range of 4.75% to 5%, despite inflation…
Cutting Interest rates is a path full of Landmines September 19, 2024 In a reduction in policy interest rates – for the first time in 4 years – by 50 bp. in the range of 4.75%…
Bank of Canada: Third consecutive rate cut September 5, 2024 The Bank of Canada proceeded with its third consecutive reduction in interest rates. Its prime lending rate fell to 4.25%. The 25 basis point…
“Monetary policy” – the tool for elites to win by controlling the Economy July 11, 2024 In the cases over the decades where Modern Monetary Theory (MMT) has been applied, not a few have been spent reacting to the relevant…
The Big Mistake of Markets for Central Banks June 20, 2024 Six months ago, the world’s major central banks were preparing for a move that would reward anyone with a credit card or hoping to…
The nightmare of ECB policy and the mistake of cutting interest rates June 13, 2024 The ECB decided to cut interest rates by 25 basis points on the same day it raised its own inflation estimates for 2024 and…
The consumer, the average citizen, continues to suffer… May 30, 2024 In April, former US Treasury Secretary Larry Summers drew laughs from investors when he said the Fed’s next move might be tightening, not easing….
The FED is sacrificing inflation to keep the bond market from collapsing May 23, 2024 The US Federal Reserve is in a race to prevent an imminent collapse in the US government bond market. High US debt yields are…
Slowly and steadily cracks are appearing in the Financial System May 23, 2024 The FED raised interest rates above 5%, yet the US economy is not broken. The bond yield curve has been inverted since 2022 and…